Narula, Rajneesh; Jormanainen, Irina - United Nations University, Maastricht Economic and … - 2008
its innovation system and the interplay between the firm and the non-firm sector. We argue that, in any economy, when … generated a sub-optimal outcome. Market forces did not result in the western-style innovation system, but a hybrid one, with …-down" supply-driven allocation of resources and a reliance on external (but domestic) network of sources for innovation and capital …